ARK Invest analyst says Tesla's cost reductions promise success for the company's future

Tesla stock is down 10 percent after CEO Elon Musk warned it might take more time to develop a cheaper, more efficient battery for its electric cars. The company is aiming to sell a $25,000 electric vehicle in three years. Sam Korus, who attended Tesla’s annual meeting yesterday, joins ‘Closing Bell’ to discuss the key takeaways.
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Wed, Sep 23 20204:09 PM EDT